Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Wall Street tumbles. Show all posts
Showing posts with label Wall Street tumbles. Show all posts

Wall Street tumbles

US stocks tumbled on Monday as two major US automakers took a step closer to potential bankruptcy, and a spate of European bank rescues heightened concerns over the financial systems health, putting the brakes on a recent run-up. In the latest efforts in its campaign to shore up the economy and struggling corporations, the US administration forced out General Motors Corps CEO, pushed Chrysler LLC toward a merger and threatened bankruptcy for both.

Wednesday, April 1, 2009

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